To Increase Both Margin and Asset Turnover

question 106

Multiple Choice

To increase both margin and asset turnover

• A)Increase sales revenue.
• B)Decrease expenses.
• C)Both increase sales revenue and decrease expenses.
• D)Neither increase sales revenue nor decrease expenses.

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Definitions:

Compounded Quarterly

Interest calculation method where the interest earned is added to the principal every quarter, increasing the amount on which subsequent interest is calculated.

Small Claims Court

A court that deals with minor legal disputes involving small monetary amounts.

Compounded Monthly

This is the calculation of interest on an investment or savings where the interest earned each month is added to the principal, thereby increasing the amount on which future interest is calculated.

Fair Rate

A reasonable, equitable interest rate or charge for a loan or service, ensuring fairness to both the provider and the consumer.